Veeva Systems, the leading provider of industry cloud solutions for the global life sciences industry, reported total revenues of $2,364 million for the fiscal year ended January 31, 2024, representing a 10% year-over-year growth. Subscription services revenues increased by 10% to $1,902 million, while net income rose to $526 million from $488 million in the previous year.The company's offerings span cloud software, data, and business consulting, designed to meet the unique needs of life sciences customers. Veeva's solutions are grouped into three major product categories: Veeva Development Cloud, Veeva Commercial Cloud, and Veeva Data Cloud. For the fiscal year 2024, Commercial Solutions and R&D Solutions each contributed approximately 50% to total revenues.As of January 31, 2024, Veeva served 1,432 customers, up from 1,388 in the previous year. The company expects revenues associated with R&D Solutions to increase as a percentage of both subscription services revenues and total revenues in the future. Veeva continues to expand its reach, offering certain R&D Solutions to industries outside life sciences, primarily in North America and Europe.

Veeva Systems, the leading provider of industry cloud solutions for the global life sciences industry, reported total revenues of $2,364 million for the fiscal year ended January 31, 2024, representing a 10% year-over-year growth. Subscription services revenues increased by 10% to $1,902 million, while net income rose to $526 million from $488 million in the previous year.The company's offerings span cloud software, data, and business consulting, designed to meet the unique needs of life sciences customers. Veeva's solutions are grouped into three major product categories: Veeva Development Cloud, Veeva Commercial Cloud, and Veeva Data Cloud. For the fiscal year 2024, Commercial Solutions and R&D Solutions each contributed approximately 50% to total revenues.As of January 31, 2024, Veeva served 1,432 customers, up from 1,388 in the previous year. The company expects revenues associated with R&D Solutions to increase as a percentage of both subscription services revenues and total revenues in the future. Veeva continues to expand its reach, offering certain R&D Solutions to industries outside life sciences, primarily in North America and Europe.